Editor's Note: the "Trending Saudi Stocks" column tracks the day's top bullish stocks in the KSA market, aiding investors in promptly identifying opportunities for potential gains.

At the close of 31/03/2026, the Tadawul All Shares Index rose by 0.74%, closing at 11249.54 points; the Parallel Market Capped Index dropped by 0.78%, closing at 22705.28 points. Sahm has compiled the Top 10 Daily Stock Price Gainers in the KSA market.

The Top 10 Daily Gainers in the KSA market are listed as follows:

AFG International Co.: The daily gain is 10.0%, CENOMI RETAIL gains from technical recovery and strategic Vision 2030 alignment, driving growth momentum.

CENOMI RETAIL (Fawaz Abdulaziz Al Hokair Co) operates as a publicly traded entity on the Saudi Stock Exchange under ticker TDWL since December 2006. The corporation specializes in apparel retail operations within the broader retail sector. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in March 1990 and maintains its primary business focus on retail apparel distribution and sales activities throughout its operational markets.

In a noteworthy development, the possible reason for the stock price increase of 4240.SA (AFG International Co.) may be attributed to a technical rebound from oversold conditions. Following a significant year-to-date decline of 19.1%, the 10.0% surge suggests institutional investors are recognizing potential value in the Saudi retail sector. As a established apparel retailer operating since 1990, CENOMI RETAIL appears positioned to benefit from Saudi Arabia's Vision 2030 economic diversification initiatives, which emphasize retail sector development. The company's long-standing market presence and Tadawul listing since 2006 provide operational stability that may attract renewed investor interest. The substantial daily gain could reflect anticipation of improved consumer spending patterns in the Kingdom's retail market, particularly within the apparel segment where the company maintains significant presence. Market participants may be positioning ahead of potential quarterly earnings or strategic announcements that could demonstrate operational improvements despite challenging year-to-date performance.

Saudi Public Transport Co.: The daily gain is 9.9%, achieves financial turnaround with SAR 58.3M profit and impressive 25% revenue growth milestone.

Saudi Public Transport Company (Saptco) operates as a publicly traded transportation entity on the Saudi Stock Exchange under ticker TDWL since January 1993. The Riyadh-headquartered firm, established in February 1979, specializes in trucking services within the transportation sector. As a listed company on Tadawul, Saptco maintains its operational focus on freight and logistics transportation services throughout the Kingdom of Saudi Arabia.

In a noteworthy development, the possible reason for the stock price increase of 4040.SA (Saudi Public Transport Co.) may be attributed to the company's remarkable financial turnaround and operational improvements. SAPTCO successfully reversed from a net loss of SAR 9.6 million in 2024 to a corrected net profit of SAR 58.3 million in 2025, demonstrating effective management execution. The company achieved robust revenue growth of 25% to SAR 18.3 billion, primarily driven by expanding public transportation operations. Comprehensive income surged 605.32% to SAR 55 million, reflecting enhanced operational efficiency and reduced financing costs. The accumulated losses as a percentage of capital improved from 25.2% to 21.9%, strengthening the balance sheet. Earnings per share dramatically recovered from negative SAR 0.08 to positive SAR 0.47, supporting higher valuations and investor confidence in the transportation sector.

Malath Cooperative Insurance Co.: The daily gain is 9.9%, the stock price has risen.

Malath Cooperative Insurance operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in May 2007. The company specializes in property and casualty insurance services within the broader insurance sector. Headquartered in Riyadh, Saudi Arabia, the organization was incorporated in April 2007 and maintains its primary focus on delivering comprehensive insurance solutions across property and casualty segments.

It is worth noting that the daily gain of Malath Cooperative Insurance Co.(8020.SA) is 9.9%, and the year-to-date gain/loss is 3.0%.

Tabuk Agricultural Development Co.: The daily gain is 9.9%, TADCO jumps 9.9% on 314% volume surge driven by agricultural sector catalysts.

Tabuk Agricultural Development Company (TADCO) operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, maintaining its listing status since January 1993. The corporation functions within the food, beverage, and tobacco industry, with primary operations concentrated in agricultural product development and distribution. Headquartered in Tabuk, Saudi Arabia, the company commenced operations in March 1983, establishing itself as a significant participant in the Kingdom's agricultural sector over four decades of business operations.

In a noteworthy development, the possible reason for the stock price increase of 6040.SA (Tabuk Agricultural Development Co.) may be attributed to several converging factors. The 314.02% surge in trading volume to 494,365 shares, significantly exceeding the three-month average of 119,406 shares, suggests institutional interest or positive news catalysts driving the 9.9% price appreciation. As a leading Saudi agricultural company, TADCO may be benefiting from seasonal harvest cycles, favorable commodity price movements, or government initiatives supporting domestic food security under Vision 2030. The substantial volume increase typically indicates either earnings-related developments, strategic partnerships, or operational improvements within the agricultural sector. Given the year-to-date decline of 3.8%, the current rally could represent a technical rebound as investors recognize value in the SAR 29 billion market-cap company. The combination of exceptional trading activity and significant price movement suggests specific corporate catalysts rather than broad market momentum are driving investor sentiment in this established agricultural products company.

Ades Holding Co.: The daily gain is 9.0%, ADES Reports Strong 2025 Performance, Wins Major Nigeria Deals, Completes Norwegian Acquisition

ADES Holding Co. operates as a publicly traded entity on the Saudi Exchange (Tadawul) under ticker TDWL, having commenced trading in October 2023. The company specializes in drilling operations and equipment within the energy and oil & gas sector. Headquartered in Khobar, Saudi Arabia, the organization was incorporated in December 2022. ADES focuses on providing drilling services and related equipment solutions to support energy sector operations in the region.

In a noteworthy development, the possible reason for the stock price increase of 2382.SA (Ades Holding Co.) may be attributed to several compelling factors. The company delivered strong 2025 financial results with net profit of 818 million Saudi Riyals (up 1.9% year-over-year) and revenue of 66.9 billion Riyals (up 7.9% year-over-year), exceeding analyst expectations. ADES provided robust 2026 guidance, projecting EBITDA of 45-48.7 billion Riyals, representing a 33-44% increase from 2025. The November acquisition of Norwegian company Shelf Drilling is expected to generate significant synergies and enhance international diversification. Additionally, the company secured multi-year contracts for three jack-up drilling rigs in Nigeria valued at approximately 27.3 billion Riyals, with operations commencing in H2 2026. Favorable market conditions with global jack-up rig utilization exceeding 90% and limited new supply create opportunities for margin expansion and contract repricing.

Batic Investments and Logistics Co.: The daily gain is 6.7%, demonstrates robust financial stability amid earnings drop, drawing significant institutional investor attention.

Batic Investments and Logistics Co operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, maintaining its listing status since January 1993. The corporation specializes in transportation services with primary focus on trucking operations within the logistics sector. Headquartered in Riyadh, Saudi Arabia, the company was incorporated in January 1984 and has established itself as a key player in the regional transportation industry over nearly four decades of operations.

In a noteworthy development, the possible reason for the stock price increase of 4110.SA (Batic Investments and Logistics Co.) may be attributed to several converging factors. The company's diversified revenue portfolio across transportation, investment properties, security services, and intelligent parking solutions demonstrates operational resilience that appeals to investors seeking stability in volatile markets. Despite current losses and a 31.5% five-year earnings decline, the company's robust financial foundation is attracting attention - with short-term assets of SAR 296.7 million effectively covering total liabilities of SAR 114.6 million and maintaining a conservative net debt-to-equity ratio of 13.8%. The significant 34.56% surge in trading volume to 9.43 million shares suggests institutional interest, while the company's established market position since 1984 positions it strategically within Saudi Arabia's Vision 2030 economic diversification initiatives. Simply Wall St's 5-star financial health rating further validates investor confidence in the company's turnaround potential.

Raydan Food Co.: The daily gain is 6.3%, the stock price has risen.

Raydan Food Co operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in November 2019. The corporation functions within the consumer services industry with primary operations in the restaurant segment. Headquartered in Jeddah, Saudi Arabia, the company was incorporated in February 1989.

It is worth noting that the daily gain of Raydan Food Co.(6012.SA) is 6.3%, and the year-to-date gain/loss is -21.2%.

The Power and Water Utility Company for Jubail and Yanbu: The daily gain is 5.5%, MARAFIQ announces 1.80 SAR dividend per share, payment due March 2026.

MARAFIQ, a publicly-traded utility company on Saudi Arabia's Tadawul exchange since November 2022, operates in the utilities and renewables sector. Established in September 2001 and headquartered in Jubail, the entity specializes in power and water services for industrial cities.

In a noteworthy development, the possible reason for the stock price increase of 2083.SA (The Power and Water Utility Company for Jubail and Yanbu) may be attributed to the company's dividend distribution announcement. MARAFIQ declared a dividend of 1.80 Saudi Riyals per share, payable on March 31, 2026, with a record date of March 10, 2026. This dividend announcement likely triggered positive investor sentiment, as it signals the company's strong cash flow generation and financial stability. Given the current market capitalization of 79.2 billion Saudi Riyals, the dividend represents an attractive yield for shareholders. The 5.5% daily surge, despite a 13.9% year-to-date decline, suggests the stock may have been oversold and is now experiencing a correction. As a utilities provider serving Saudi Arabia's key industrial hubs of Jubail and Yanbu, MARAFIQ benefits from its essential service status and alignment with the Kingdom's Vision 2030 economic diversification plans. The company's defensive business model and stable revenue streams make it attractive to investors seeking dividend-yielding assets in the current market environment.

Naseej International Trading Co.: The daily gain is 4.7%, recovers from oversold territory, drawing interest from value-focused investors seeking opportunities.

Naseej International Trading Co. operates as a publicly traded entity on the Saudi Stock Exchange (Tadawul) since February 2010. The company functions within the Consumer Durables and Apparel sector, specializing in Home Furnishings operations. Headquartered in Jeddah, Saudi Arabia, the organization was incorporated in February 1953, establishing over seven decades of market presence in the region.

In a noteworthy development, the possible reason for the stock price increase of 1213.SA (Naseej International Trading Co.) may be attributed to technical rebound dynamics following oversold conditions. After experiencing a substantial 33% year-to-date decline, the stock appears to have reached attractive valuation levels that are drawing value-oriented investors. The 4.7% daily surge could reflect renewed interest in the consumer durables and home furnishing sector, particularly as the company, established in 1953, maintains its position as a key player in Saudi Arabia's retail landscape. With a current market capitalization of 26 billion Saudi Riyals, institutional investors may view the recent price levels as presenting compelling entry opportunities. Market analysts suggest the uptick could be driven by broader Tadawul performance improvements and sector rotation into consumer discretionary stocks. The home furnishing segment may be benefiting from seasonal demand patterns and recovering consumer confidence in durable goods purchases. Technical factors, including potential short covering and momentum trading following support level bounces, likely contributed to the positive price action in today's trading session.

Walaa Cooperative Insurance Co.: The daily gain is 4.6%, Benefits from Saudi sector recovery and growing value investor interest, positioning for continued growth.

Walaa Cooperative Insurance operates as a publicly traded entity on the Saudi Stock Exchange under the ticker TDWL, having commenced trading in July 2007. The company specializes in multi-line insurance services within the broader insurance sector. Headquartered in Khobar, Saudi Arabia, the organization was incorporated in July 2007 and maintains its primary business focus on comprehensive insurance solutions across multiple product lines.

In a noteworthy development, the possible reason for the stock price increase of 8060.SA (Walaa Cooperative Insurance Co.) may be attributed to several converging factors. The 4.6% daily surge likely reflects investor optimism surrounding the Saudi insurance sector's recovery prospects, particularly given regulatory improvements and enhanced market sentiment. As a well-established multi-line insurer operating since 2007, Walaa may be benefiting from anticipated strong quarterly earnings driven by improved underwriting performance and investment income growth. The company's current market capitalization of SAR 12.1 billion positions it as a significant player in the Tadawul-listed insurance space. Technical factors also appear supportive, as the stock's 7.2% year-to-date decline may have created an oversold condition, attracting value-oriented investors seeking recovery opportunities. Additionally, potential business expansion initiatives, operational efficiency improvements, or dividend distribution expectations could be driving institutional interest in this cooperative insurance entity, contributing to the notable daily performance amid broader sectoral rotation into defensive insurance stocks.

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